Gulf Insurance Group (TADAWUL:8250)

Gulf Insurance Group Cash Flow Statement

Financials in millions SAR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	142.84	126.19	98.2	128.53	15.91	138.52
Depreciation & Amortization	7.28	7.02	9.14	11.54	8.94	9.46
Other Amortization	8.21	8.21	8.19	11.59	3.46	5.52
Gain (Loss) on Sale of Investments	-14.28	-4.52	0.48	-6.96	3.93	-4.75
Stock-Based Compensation	-	-	-	-	-	1.38
Change in Accounts Receivable	-	-	-	-	-	-89.44
Reinsurance Recoverable	-192.5	-206.43	166.22	-171.18	112.95	-29.83
Change in Unearned Revenue	-	-	-	-	-	24.78
Change in Insurance Reserves / Liabilities	221.02	170.49	-274.26	146.14	-44.9	34.32
Change in Other Net Operating Assets	8.44	-61.95	37.13	2.13	-17.34	-11.3
Other Operating Activities	3.71	23.79	25.05	56.69	-4	15.8
Operating Cash Flow	185.69	63.75	71.17	178.48	78.94	113.45
Operating Cash Flow Growth	737.90%	-10.43%	-60.12%	126.08%	-30.41%	-58.79%
Capital Expenditures	-0.74	-3.42	-1.75	-2	-2	-4.62
Purchase / Sale of Intangible Assets	-5.95	-8.35	-4.12	-6.25	-23.23	-8.95
Investment in Securities	-85.15	-11.4	-162.96	-151.25	148.09	-338.21
Other Investing Activities	-0.01	-40.48	107.08	-93.66	95.72	-
Investing Cash Flow	-91.85	-63.66	-61.75	-253.16	218.59	-351.78
Total Debt Repaid	-3.13	-2.54	-3.56	-3.62	-2.47	-2.37
Net Debt Issued (Repaid)	-3.13	-2.54	-3.56	-3.62	-2.47	-2.37
Common Dividends Paid	-63	-63	-78.75	-25	-50	-
Other Financing Activities	-	-	-	-2.5	-	-0.81
Financing Cash Flow	-66.13	-65.54	-82.31	-31.12	-52.47	-3.18
Net Cash Flow	27.71	-65.44	-72.88	-105.8	245.07	-241.52
Free Cash Flow	184.95	60.33	69.43	176.48	76.95	108.82
Free Cash Flow Growth	933.42%	-13.10%	-60.66%	129.35%	-29.29%	-57.88%
Free Cash Flow Margin	10.95%	3.76%	4.42%	10.57%	4.98%	7.96%
Free Cash Flow Per Share	3.51	1.15	1.32	3.36	1.47	2.07
Cash Interest Paid	1.46	1.46	1.63	0.98	0.72	0.81
Cash Income Tax Paid	12.88	12.88	9.45	5.66	9.8	-
Levered Free Cash Flow	36.39	-142.87	259.2	42.07	-1,289	-10.04
Unlevered Free Cash Flow	52.02	-127.24	287.93	72.42	-1,289	-9.53
Change in Working Capital	37.93	-96.93	-69.88	-22.91	50.71	-56.43

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.